In an effort to make quality design education more affordable and reachable to students from economically weaker sections, the institute offers Scholarships to all new, needy entrants. The MIT Institute of Design grants full or partial scholarships to 5% of the total students each year. The eligibility of the scholarships would depend upon the performance of the student and his/her financial needs. The interview panel will decide whether one is eligible for the scholarship. The scholarship application form should be availed by the applicant from the Institute office after getting admission to the Institute. Along with the duly filled scholarship form, one will have to attach necessary documents showing the income statements of the family members / guardians.
The Institute has an exclusive tie up with CREDILA AN HDFC LTD. COMPANY for providing educational loan to students securing admission to the institute. Disbursement of the loan is as per the banks' terms and conditions.